Susquehanna lowered the firm’s price target on Valaris (VAL) to $47 from $50 and keeps a Neutral rating on the shares. The firm updated its model folowing Q4 results where management expressed that additional UDW demand is likely limited for 2025 but expects demand to resume growth in 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VAL: